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Showing 1 - 10 of 11079 results for "Account"

Cbus rolls out death benefit nomination changes

KARREN VERGARA  |  FRIDAY, 7 AUG 2026
Cbus will roll out changes to death benefit nominations, which include scrapping nominations that expire in three years. Effective October 16, Cbus will offer new non-lapsing binding death benefit nominations and allow members to make them online. The ...

ASIC suspends AFSL of GFA Capital Markets

RIDDHIMA TALWANI  |  THURSDAY, 6 AUG 2026
... licenced CFD issuers. It found the firm failed to properly separate and handle client money into a designated client money account, mixed non-client money with client money, breached reporting obligations, failed to establish and maintain adequate systems ...

FinCap beefs up treasury capabilities

MATTHEW WAI  |  THURSDAY, 6 AUG 2026
FinCap has welcomed a new member to help scale the firm's private markets managed accounts offering. Akbar Shah has joined the firm as head of treasury and operations, overseeing its cash management, liquidity, funding and special purpose vehicle structures ...

Former Berndale director jailed for $700k in misused funds

VINNY VUCAGO  |  THURSDAY, 6 AUG 2026
Former Berndale Capital Securities director Stavro D'Amore has been sentenced to almost four years' imprisonment after admitting to dishonestly misusing nearly $700,000 of company funds and authorising false statements to ASIC. The Federal Court sentence ...

smartMonday tweaks fees, MySuper structure

MATTHEW WAI  |  THURSDAY, 6 AUG 2026
... lower administration fees are expected to offset some or all increases. The overall impact will vary depending on the account balance and investment option, it said. "We're making these changes to simplify our MySuper investment option, improve member ...

SMC questions SCA's 'mystery caller' report

RIDDHIMA TALWANI  |  WEDNESDAY, 5 AUG 2026
... typically use, being limited to the telephone." By design, in no conversation was identity verification completed, or account specific information discussed, SCA noted in the report. "Testers were not actually fund members, which means the calls did ...

ASIC consults to improve flexibility around pre-IPO comms

RIDDHIMA TALWANI  |  WEDNESDAY, 5 AUG 2026
ASIC has released a proposal to provide companies greater flexibility when listing on the public market to publicise their upcoming initial public offering (IPO). Under existing laws, companies are generally prohibited from advertising or publicising ...

AustralianSuper ups admin fees

KARREN VERGARA  |  TUESDAY, 4 AUG 2026
... when it comes to service and security," she said. "We have brought more member-facing services in-house, strengthened account security, expanded access to advice and guidance services, and enhanced the digital tools members use to engage with their s ...

Findex expands in Adelaide with Wakeful acquisition

VINNY VUCAGO  |  TUESDAY, 4 AUG 2026
Findex has strengthened its South Australian presence with the acquisition of Adelaide based accounting, tax and self-managed superannuation (SMSF) firm Wakeful Partners. Findex said the acquisition broadens its local advisory offering as it continues ...

Advice complaints see biggest increase in FY26: AFCA

MATTHEW WAI  |  TUESDAY, 4 AUG 2026
Despite only accounting for less than 10% of the total complaints lodged, investment and advice complaints have seen the steepest increase in FY26, data from the Australian Financial Complaints Authority (AFCA) shows. AFCA received a record 119,949 ...
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